secwatch.observer — SEC 8-K summary
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Issuer:     NU RIDE INC. (NRDE)
CIK:        0001759546
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001558370-22-013324
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Lordstown Motors sells 9.2M shares to YA II PN for $23M to fund Endurance
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- Sold 9,199,265 shares at ~$2.5002/share for $23M total to YA II PN, LTD.
- Proceeds to fund production of the Endurance all-electric pickup truck.
- Company may require YA to purchase additional shares under the existing Equity Purchase Agreement.
- Shares issued under Section 4(a)(2) exemption for accredited investor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759546/000155837022013324/0001558370-22-013324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759546/000155837022013324/ride-20220810x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-013324

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